Talias Tutus bought a new sewing machine for $45,000 that will be depreciated using the MACRS depreciation schedule for a 5-year recovery period. a. Find the depreciation charge each year. Year Depreciation 1 $ __________ 2 __________ 3 __________ 4 __________ 5 __________ 6 __________ -------------------------------------------------------------------------------- b. If the sewing machine is sold after 4 years for $20,000, what will be the after-tax proceeds on the sale if the firms tax bracket is 25%? After-tax proceeds $ _________